Sellers don't always see why they have to reduce the price and sometimes think that if there is somebody interested in their house they will write an offer with the price they feel is fair to them.2 reason why it won't happen.1. Most of the buyers are advised of being able to only negotiate up to 5% off of thew asking price.2. Buyers don't believe they can if the price is too high3. By having wrong price you are inviting wrong pool of buyers that are comparing your home to another home in the same price range and not necessarily the same style. It creates confusion in buyers mind